Entity-Adjusted Short-Term Holder URPD
- Last 90 daysLast 90 days
- ALLALL
About this metric
What it measures
Entity-Adjusted Short-Term Holder URPD maps recent holdings using the average cost of estimated entities rather than each individual output's creation price. The roughly under-155-day cohort is distributed in BTC across 100 equal cost bands from zero to the snapshot's historical peak.
How to read it
Recent-holder clusters below spot carry paper gains, while clusters above spot show where a recovery could bring underwater holdings toward breakeven. On October 17, 2026, the largest band was around $63,112–$64,374, holding about 250,562 BTC within a mapped short-term total of about 2.15 million BTC.
This distribution can change quickly as coins transfer or age into the long-term cohort. Entity clustering and cohort allocation are estimates, and tiny fractional tail values should not be interpreted as individual real-world lots; cost clusters indicate exposure, not future orders.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- On-chain Indicators
- Type
- Cost distribution
- Unit
- BTC
- Data since
- 2009-01-03
- Latest data
- 2026-10-27
FAQ
Why can STH URPD change even when BTC price barely moves?
New transfers change estimated holder costs and balances, while older holdings mature out of the cohort. The membership and its cost structure can therefore shift without a large spot move.
How does STH URPD differ from STH Realized Price?
STH Realized Price condenses the cohort's cost into one average. STH URPD shows where its BTC is distributed across prices, distinguishing separate low- and high-cost clusters that the same average could hide.
Do tiny BTC amounts in distant price bands represent actual small UTXOs?
Not necessarily. This is an estimated entity-and-cohort allocation, not a list of individual outputs. Very small fractional values should not be read as exact transferable balances or evidence of purchases at those levels.
